What most Niners would disagree with however, is that I think they handled the Borg rather well.

Indeed, I do not think it is possible for me to disagree with you more on that point. The Borg used to be fearsome and huge. Voyager turned them into a laughingstock. Even First Contact, which introduced the queen (an idiotic character that the Borg didn't need) managed to be a good story and still keep the Borg scary.

Yeah, but TNG also had "descent" and "I, Borg".FC was "re-scarifying" them if anything.
Not saying it couldn't have been done better. But for such a family-friendly series, it was decent in my book.
VOY used the new elements from FC and turned the borg into a "regular" villain race that could be destroyed with weapons. they shouldnt have used the borg at all (and ds9 was wise to not use them), but it was a development that had begun in tng.